Daily Indian Equity Market 09 April 2015

Dear all,

INDIAN BENCHMARK are likely to open on a slightly higher note as the global cues look supportive with SGX Nifty trading 17 points higher.

Major Headlines of the day.

• Advent teams up with Temasek to buy Crompton’s consumer business
• INOX Wind is expected to get listed at considerable premium
• RECs share sale oversubscribed by 5x

Trend in FII flows: The FIIs were net  sellers of Rs -479.18 cr in the cash segment on Wednesday while the DIIs were net buyers of Rs 382.54 cr, as per the provisional figures released by the NSE.

Happy Reading!!!

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